Carrying out business in Hong Kong’s construction industry is akin to fighting a battle with both singular and joint adversities that firms encounter. The way to confront these challenges is entirely through the development of innovative products and services that closely meet the requirements of the respective industry.

What Challenges Does the Construction Industry Face?

Because of inherently complex projects, Hong Kong’s construction industry is encountering settlement of rules, health and safety matters, and project delays. In addition, it is sharing problems such as skill shortages and expenses with other industries. It goes without saying that, these complications are traversed with the help of strong strategies.

Furthermore, the predicament occurs as a result of the industry’s extent and extent, which involves multiple stakeholders and shifting technologies. The inclusion of sustainable business practices means another level of complication for firms trying to be both efficient and innovative.

Why Implement an HCM System?

In fact, HCM or Human Capital Management system is a strategic tool entity that can help you to effectively deal with those challenges. By centralizing workforce data, it enhances the organization on regulatory compliance and safety parameters, and also on delays. It also allows cost-effective HR solutions to be in line with the other sectors’ problems.

The intelligent rostering and comprehensive payroll solutions put into efficiency, the projects remain in the budget. Al in all, an HCM system is a solution for construction firms in Hong Kong to promote productivity and sustain competitive benefits via improved resource management.

Guideline for Successful HCM Implementation

Companies have to lay the foundation of HCM system operations through the selection of simple and straightforward criteria and the training of the workforce effectively. By involving all the interested parties, the management of the transition is realized through a smooth path, otherwise, the phased rollout reduces disruption to operations.

How Can Multiable aiM18 HCM Features Help?

• • Rule-based Workflow Engine: Enhances regulatory compliance.

• • Intelligent Roster Planning: Optimizes workforce management.

• • Powerful Payroll Engines: Efficiently manages complex calculations.

• • A.I. Ready: Customizes solutions for unique construction needs.

• Flexible Appraisal Score Mechanism: Personalizes performance appraisal for varying roles.

Supporting MPF and Compliance

aiM18 HCM is not only e-MPF approved but also complies with local HR standards, thus ensuring acquiescing the MPF mandates. It also includes MPF, IRD documentation, and the firm long service payment processes that are all handled efficiently which assures the firms are to meet all the regulatory compliance in Hong Kong.

What is Multiable HCM?

Multiable HCM is a cloud-native HCM (aka HRMS, HRIS or HR system). With over 6,000 customers, Multiable HCM gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.

What is LAIDFU (Let AI Do for You)?

LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.

Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.

EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.

Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.

LAIDFU empowers business, with or without an HCM system in place.